$985,000
SOLD AUG 22, 2025

179 Montauk Ave New London, CT 06320

Willetts Neighborhood
9 Beds
8 Baths
4,360 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

9% Below List Price

141 Days on Market

Highlights

  • Waterfront
  • Garden
  • Concrete Flooring
  • Porch
  • Heating System Uses Steam
  • 4-minute walk to Fort Trumbull State Park and Museum

About This Home

As of August 2025

Excellent Turnkey Multi-Family Investment Opportunity. This 8-unit multi-family property is Fully Rented and in an Exceptional location with High Rental Demand! Unit Mix: Studios, 1-bedrooms, and a spacious 2-bedroom unit. Close to Mitchell & Conn College, L&M Hospital, Electric Boat, and Sub Base. Conveniently located 15 minutes from Niantic as well as the Groton Navy Base, 25 minutes from Mystic, and 40 minutes from Hartford and the Rhode Island border. New London's Central CT Shoreline location is Midway between New York and Boston, providing easy access to Land, Rail, and Water transportation, and less than an hour to Major Airports.

Last Agent to Sell the Property

Ferdinand Giacinto

RE/MAX on the Bay License #RES.0257400 Listed on: 04/02/2025

RE/MAX on the Bay

Co-Listed By

Dawn Field

RE/MAX on the Bay License #RES.0803342

Last Buyer's Agent

Wesley Krombel

Real Broker CT, LLC License #REB.0794844

Real Broker CT, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,604

Year Built

  • Built in 1903

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront
  • Garden

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,360 Sq Ft Home
  • Concrete Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 1999073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,604

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4360
  • Total Sq Ft: 4360
  • Year Built: 1903
  • New Construction: No/Resale
  • Property Sub Type: 5 Family+
  • Direct Waterfront: No
  • Directions: Willets to Montauk GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 4360
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 8
  • Full Bathrooms: 8
  • Basement Description: Full, Unfinished, Concrete Floor, Full With Hatchway
  • Attic: No
  • Street Number Modifier: 179

Exterior Features

  • Exterior Features: Porch, Gutters, Garden Area
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Other, Tank Size Unknown
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.24
  • Lot Description: Corner Lot Level Lot Water View Rolling
  • Zoning: R-2
  • Parcel #: 1999073

Multi Family

  • Total Number Of Units: 8

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 12604
  • Total Assessed Value: 463400
  • Mil Rate Total: 27.2

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $985,000 -9.2% $226 / Sq Ft
08/21/2025 08/21/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $1,085,000 0.0% $249 / Sq Ft
02/05/2025 02/05/25 Rented $1,295 0.0% --
02/02/2025 02/02/25 Under Contract -- -- --
01/28/2025 01/28/25 For Rent $1,295 +1.6% --
06/14/2024 06/14/24 Rented $1,275 0.0% --
05/22/2024 05/22/24 Under Contract -- -- --
05/16/2024 05/16/24 For Rent $1,275 0.0% --
08/25/2023 08/25/23 Sold $705,000 +0.7% $162 / Sq Ft
05/26/2023 05/26/23 For Sale $700,000 +55.6% $161 / Sq Ft
12/04/2019 12/04/19 Sold $450,000 0.0% $103 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
05/08/2019 05/08/19 Price Changed $450,000 -7.2% $103 / Sq Ft
03/11/2019 03/11/19 For Sale $485,000 -- $111 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ferdinand Giacinto

    Seller's Agent in 2025

    Ferdinand Giacinto

    RE/MAX

    (860) 912-0694

    6 in this area

    86 Total Sales

    Ferdinand Giacinto
    Section Image
  • Dawn Field

    Seller's Agent in 2025

    Dawn Field

    RE/MAX

    (860) 908-2512

    3 in this area

    33 Total Sales

    Dawn Field
    Section Image
  • Wesley Krombel

    Buyer's Agent in 2025

    Wesley Krombel

    Real Broker CT, LLC

    (203) 427-1882

    1 in this area

    118 Total Sales

    Wesley Krombel
    Section Image
  • Scott Pellerin

    Seller's Agent in 2023

    Scott Pellerin

    Coldwell Banker Realty

    (860) 235-6345

    3 in this area

    225 Total Sales

    Scott Pellerin
    Section Image
  • Mary Poola

    Seller's Agent in 2019

    Mary Poola

    William Raveis Real Estate

    (860) 625-1913

    5 in this area

    373 Total Sales

    Mary Poola
    Section Image
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Map

Source: SmartMLS

MLS Number: 24085081

SmartMLS
Connecticut New London County New London 06320 Willetts

179 Montauk Ave, New London, CT

This home is located at 179 Montauk Ave, New London, CT 06320 and is currently priced at $985,000, approximately $225 per square foot. This property was built in 1903. 179 Montauk Ave is a home located in New London County with nearby schools including Harbor Elementary School, Bennie Dover Jackson Middle School, and New London High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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